OCC Issues Guidance on Lending to REO Investors

The Office of the Comptroller of the Currency issued new guidance to federally chartered banks and thrifts that are lending money to investors who buy real estate owned with the idea of turning those units into rentals.

Article source: http://www.nationalmortgagenews.com/dailybriefing/occ-issues-guidance-lendingreo-investors-1032251-1.html

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